Minfa Aluminum: Abnormal Stock Trading Fluctuations, Elevated Valuation Poses Risk of Pullback

Minfa Aluminum announced that the company's stock closing prices on November 5 and November 6, 2026, recorded a cumulative deviation of more than 20% over two consecutive trading days, constituting abnormal stock trading fluctuations; from November 2 to November 6, the cumulative deviation exceeded 50%, and the stock price has decoupled from fundamentals. The company reported a net loss of 29.7095 million yuan for 2025 and a net loss of 8.3485 million yuan after deducting non-recurring gains and losses for January-September 2026, with a dynamic price-to-earnings ratio of 1,315.7 times, indicating significantly elevated valuation. The company's main business includes photovoltaic profiles, which contribute relatively little to overall profit. Upon verification, the company's production and operations are normal, there are no undisclosed material matters that should be disclosed, and the controlling shareholder did not buy or sell the company's shares during the period of abnormal fluctuations.